Is Lt. Gov. Gavin Newsom vying for some prime cable time? Or perhaps he just enjoys paying for a laugh.

San Francisco's former mayor has been listed as a donor for comedian Stephen Colbert’s satirical bid for the presidency.

An announcement on Colbert’s political action committee’s website said the “super PAC” had filed $1,023,121.24 with the Federal Election Commission at 12:01 a.m. Tuesday.

Noted as donating $500, Newsom has confirmed that he had in fact donated to the super PAC.

"I agree with Stephen Colbert and the United States Supreme Court that corporations are living, breathing human beings – except for the living, breathing and human part," Newsom says. "I'm also hoping to get an Ambassadorship to Croatia out of it."

The super PAC, officially known as “Americans for a Better Tomorrow, Tomorrow,” raised money from viewers of “The Colbert Report.”

“We raised it on my show and used it to materially influence the elections — in full accordance with the law," Colbert writes. "It’s the way our founding fathers would have wanted it, if they had founded corporations instead of just a country.”

Americans for a Better Tomorrow, Tomorrow (ABTT) would like it entered into the record that as of January 30th, 2012, the sum total of our donations was $1,023,121.24.

Stephen Colbert, President of ABTT, has asked that I quote him as saying, “Yeah! How you like me now, F.E.C? I’m rolling seven digits deep! I got 99 problems but a non-connected independent-expenditure only committee ain’t one!”

In jest, Colbert’s super PAC shines a light on loopholes in the nation’s system of campaign financing and it seems Newsom is nodding along, cash in hand.

"In all seriousness, I applaud Stephen Colbert exposing the absurdity of our current political financing system," Newsom says. "I’m proud to support Colbert’s message with a donation. And I like his haircut."